Multifamily Utility Considerations for Investors

Multifamily Utility Considerations for Investors

Utilities; they may not be the sexiest part of your multifamily investing strategy-- but if you’re not thinking about them at all, you could be losing out on serious cash. That’s especially the case if you currently own an older property without submetering and/or if you currently include utilities in the price of your tenants’ rent.

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How to Find Apartment Complexes for Sale

How to Find Apartment Complexes for Sale

If you’re reading this article, you probably already know that multifamily investing is an incredible way to build long-term wealth. In fact, there’s a good chance you already own one or more multifamily properties of your own. However, you’re might be struggling when it comes to finding your next investment property. Fortunately, we’ve put together this quick (yet comprehensive) guide to help you find the best property for your individual needs. 

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Due Diligence for Apartment Investing

Due Diligence for Apartment Investing

Before you make the leap and purchase a multifamily property, you’ll need to do some homework first. In multifamily industry, this is referred to as “due diligence,” and often consists of hiring third-party service providers to inspect and/or provide reports on various parts of the property to analyze its suitability as an investment. 

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Do You Need a Business Plan for Apartment Investing?

Do You Need a Business Plan for Apartment Investing?

While to some, apartment investing may sound like a passive hobby, for most successful real estate investors, it’s a highly involved business endeavor. So, if you want to give yourself the greatest chance of succeeding in the multifamily investing game, writing an effective business plan is key. No matter the size of your potential investment, a business plan can help clarify your goals, as well as bringing potential obstacles to your attention. 

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Small Apartment Loans: The Best Options for Borrowers

Small Apartment Loans: The Best Options for Borrowers

While there’s nothing small about millions of dollars, in the multifamily finance industry, apartment loans ranging from $1 million to $7 million are generally considered to be ‘small’ loans. This isn’t to minimize the importance of these loans to the investment market-- simply to differentiate them from the $10, $20, and $30+ million loans that are often offered to larger institutional investors. In fact, in terms of loan origination, these ‘small loans’ are perhaps the fastest-growing segment of the multifamily financing market. 

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2019 Apartment Industry Statistics: What You Need to Know

2019 Apartment Industry Statistics: What You Need to Know

If you’re planning to expand your multifamily investments this year, it’s important to have a good understanding of the current state of the industry. By doing so, you’ll be able to make more informed choices about where to invest, how to invest, and if you should invest at all. To help you gain a better appreciation of the apartment and multifamily market this year, we’ve provided some of the most essential apartment industry statistics below.

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What are the Pros and Cons of Owning an Apartment Complex?

What are the Pros and Cons of Owning an Apartment Complex?

Investing in an apartment complex is one of the most time-tested ways to build wealth. In fact, multifamily ownership has an incredible array of benefits, including cash flow, the ability to finance properties with a limited amount of money down, and incredible tax benefits (just to name a few). However, apartment investing isn’t always sunshine and daisies; investors have to put in a lot of hard work to make sure their properties turn a profit.

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Agency Loans for Multifamily Properties: What Borrowers Need to Know

Agency Loans for Multifamily Properties: What Borrowers Need to Know

If you’re interested in purchasing or refinancing a multifamily property, getting the right type of financing is key. Fortunately, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, also known as the ‘agencies,’ provide some of the best loan terms on the market. In fact, in 2018, the agencies issued more than $143 billion in multifamily loans, with Fannie Mae issuing more than $65 billion of loans and Freddie Mac issuing around $78 billion in multifamily financing. 

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What are the Best Cities for Multifamily Investing?

What are the Best Cities for Multifamily Investing?

2018 was a great year for apartment investing-- and the first half of 2019 hasn’t been too bad, either. Though some are concerned about an increased supply of properties on the market, as well as potential increases in interest rates, now is still an incredible time to purchase a multifamily property. To help give you some ideas about where you might like to invest, we’ve listed some of the best markets in the U.S. to invest in apartment buildings in 2019 and beyond. 

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Raising Unsecured Debt In Israel: A Competitive Financing Alternative For U.S. Multifamily Developers

Raising Unsecured Debt In Israel: A Competitive Financing Alternative For U.S. Multifamily Developers

Israeli investors are seeing many U.S. commercial real estate companies and multifamily owners contemplating Israeli debt-based financing as an alternative avenue to obtain competitive capital. Prominent multifamily commercial real estate owners such as The Cornerstone Group, Copperline Partners, and The Related Companies are just a few of the firms with bonds currently being traded on the Tel Aviv Stock Exchange.

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Rental Assistance Demonstration (RAD): A Guide

Rental Assistance Demonstration (RAD): A Guide

Rental Assistance Demonstration, or RAD, is a Department of Housing and Urban Development (HUD) program, which seeks to help investors preserve affordable housing across the U.S. To do this, the RAD program allows investors using four HUD legacy programs the ability to convert their housing into long-term Section 8 contracts. This helps investors by giving them more flexibility in terms of acquiring the financing to repair their properties, including making it easier to apply for the LIHTC (Low-Income Housing Tax Credit Program).

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Buying Your First Apartment Building: An Investor Guide

Buying Your First Apartment Building: An Investor Guide

Over the last century, countless real estate investors have grown their wealth exponentially by buying apartment buildings. But, before they became successful investors, they all started as beginners, eager to purchase their first multifamily property. If you want to follow their footsteps and purchase an apartment complex of your own, this article is a great place to start.

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The Top 10 Multifamily Law Firms in 2019

The Top 10 Multifamily Law Firms in 2019

In today’s world, contracts have never been more complex and litigation has never been more common. For multifamily investors, developers, this means that acquiring quality legal counsel isn’t just a luxury-- it’s a necessity. To help you better understand your options when it comes to real estate lawyers with specific experience in multifamily real estate, we’ve compiled a list of the top 10 multifamily real estate law firms in 2019.

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The Top 15 Multifamily Property Managers of 2019

The Top 15 Multifamily Property Managers of 2019

When it comes to owning or investing in multifamily real estate, hiring an effective and competent property management company is key. While there are many firms on the market, the industry is dominated by a group of major players. In fact, the top 10 apartment management companies in the U.S. collectively manage well over 1 million residential units. In this article, we’ll review the top 15 largest multifamily property managers in the United States, using information taken from the National Multifamily Housing Council (NMHC) 2018 Apartment Manager List.

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What is ClickPay and How is it Used?

What is ClickPay and How is it Used?

ClickPay is one of the most popular online payment platforms used by multifamily and commercial landlords and property managers. The system allows property owners/managers to bill tenants, while accepting payments via credit cards, checks, and ACH transfers. While the software is most commonly used for multifamily apartment properties, it can also be used for condominiums, cooperatives, and purely commercial properties.

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What are the Advantages of Securitization?

What are the Advantages of Securitization?

In the process of securitization, one or more assets is turned into a security, which can be traded on the financial markets. Mortgage debt is the most commonly securitized asset, with common securitized products including mortgage backed securities (MBS), commercial mortgage backed securities (CMBS), and commercial debt obligations (CDOs). Car loans, credit card debt, and student loan debt is also commonly securitized. In general, securitization is highly advantageous, as it makes loans more available for commercial real estate borrowers, stimulating the market-- but it has a few downsides, too.

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The Top 10 Agency Apartment Lenders of 2018-2019

The Top 10 Agency Apartment Lenders of 2018-2019

In 2018, agency lenders Fannie Mae and Freddie Mac issued a combined $143 billion in multifamily loans. While Fannie Mae issued more than $65 billion in multifamily financing, Freddie Mac Multifamily issued approximately $78 billion in loans. Overall, Fannie Mae origination is slightly down from 2017, in which the agency closed more than $67 billion in multifamily financing. In contrast, Freddie Mac Multifamily saw a noticeable rise in originations, with an approximate $4.8 billion growth from 2017’s $73.2 billion, itself a nearly 30% jump from $56.8 billion in loans originated in 2016.

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Commercial and Multifamily Loan Origination in 2019

Commercial and Multifamily Loan Origination in 2019

In commercial real estate, loan origination typically includes each step of the lending process, from initial application to disbursement of funds. According to the Mortgage Bankers Association (MBA), total commercial loan origination was a record $573 billion in 2018, an approximate 8% increase from the $530 billion of commercial loans originated in 2017, itself an 8% jump from the $491 billion in commercial originations reported in 2016.

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Multifamily Trends in 2019

Multifamily Trends in 2019

As we glide through the second quarter of 2019, the multifamily investment and development market is still hot-- but there are a variety of trends that investors, developers, brokers, and other industry players should be aware of. In particular, U.S. rent prices are steadily increasing, though not as quickly as they have in the last two years, both baby boomers and millennials are moving into apartment developments, especially in urban areas. In addition, tenants, particularly younger ones, are craving new amenities and features, such as smart home technology, wellness amenities, and environmental sustainability.

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